Forex Opinion & Analysis

The GBP has steadily declined against the greenback in recent weeks, while remaining stable against the Euro. This weakness in the British pound is attributed to market participants pricing in more...

The US Dollar Index (DXY) continues to advance due to a lack of impactful US data and expectations of robust retail sales. Donald Trump’s comments on tariffs and the Federal Reserve’s...

Forex Strategies Bullish: EUR/AUD is trading at @1.6303 at the time of writing, out of range in a cup and handle pattern that is bullish. We are looking to target the ATR target @ 1.6350. A further...

The Canadian dollar is showing limited movement on Wednesday. In the European session, USD/CAD is trading at 1.3786 at the time of writing, up 0.09%. The Canadian dollar finally ended a nasty...

The British pound fell below the 1.30 level against the US dollar after weak inflation data across indicators. This sent the pound to a two-month low on speculation that the Bank of England will cut...

Gold (XAU/USD) is on an upward trend, currently trading around 2676.00, close to its historical high of 2685.00. During an event in Miami (at the London Bullion Market Association conference), key...

EUR/USD has sustained its position below the EMA-200 line, indicating a potential shift into a more defined downtrend. Recent comments from Raphael Bostic, head of the Atlanta Federal Reserve, have...

The EUR/USD pair is experiencing significant influences from recent developments in the U.S. and Eurozone economies. On the U.S. side, inflation has remained persistently high, as evidenced by recent...

USD/CNH Key Points The Biden Administration is reportedly considering capping sales of advanced artificial intelligence processors to some countries that may serve as conduits for China. We’ve seen...

The British pound has been showing limited movement for over a week. In Tuesday’s North American session, GBP/USD is trading at 1.3086, up 0.13% on the day. UK inflation expected to decline to...

Forex Strategies Bearish: We are currently @ 162.63 in a range.  If we break the range, we are looking to target the ATR targets/0.382 Fibo at 161.56.  A further target is the S4 at 161.26. Watch for...

USD/JPY has been struggling to break past the resistance level at 149.55 despite repeated attempts over the past five trading sessions. The Japanese yen remains under pressure as the Federal Reserve...

The Kiwi NZD/USD has retraced enough to back-test the L/T descending channel’s T/L resistance as support. This T/L is now confluence with the 61.8% Fib of the last move higher at 0.6050. This is...

The Canadian dollar has declined against the US dollar for a tenth consecutive trading day and has fallen 2.1% in October. In Tuesday’s session, USD/CAD is trading at 1.3811 at the time of writing,...